Archive · 21 Jul 2026
ACME Solar Secures 300 MW Hybrid Project
ACME Solar, a big company that makes clean energy, has made a deal to build a huge wind and solar power plant.
This plant will make 300 megawatts of power, which is enough to power many homes.
The deal is for 25 years, and the power will cost Rs 3.25 per unit.
The company's stock went down a little bit today, but it has gone up a lot in the last month and six months.
The company will have a meeting soon to talk about how much money they made this year.
ACME Solar Holdings subsidiary signs 25-year PPA with SECI for 300 MW wind-solar hybrid project.
Project tariff set at Rs 3.25 per unit, commencing by June 2028.
Company's stock down nearly 1% intraday but up over 10% in the past month and six months.
Board meeting scheduled for July 29, 2027, to declare financial statements.
Project aims to boost renewable energy capacity and contribute to India's clean energy goals.
- Who
- ACME Solar Holdings and Solar Corporation of India
- What
- Signed a 25-year PPA for a 300 MW wind-solar hybrid project
- When
- Commencing by June 2028
- Where
- India
- Why
- To boost renewable energy capacity and meet clean energy goals
Project Benefits
Market Concerns
Economic Impact
Project Benefits
The project will boost renewable energy capacity and contribute to India's clean energy goals.
Market Concerns
The stock price decline indicates investor concerns about the project's financial viability.
- Project Capacity
- 300 MW
- Tariff Rate
- Rs 3.25 per unit
- Project Duration
- 25 years
- Commencement Date
- June 2028
- Company
- ACME Solar Holdings
- Stock Performance
- Down nearly 1% intraday, up over 10% in the past month and six months
- Board Meeting
- July 29, 2027